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Agreed. Having a startup, YC or not, have full access to our bank accounts is not giving me warm fuzzies. I've asked our bank to make all ACH transactions abov
by claar 8y ago
Agreed. Having a startup, YC or not, have full access to our bank accounts is not giving me warm fuzzies.
I've asked our bank to make all ACH transactions above a threshold require manual authorization to improve our risk exposure. While ACH transactions can be reversed, it wouldn't be pretty do be without funds during arbitration.